Introduction
Staking LTO Network can be a great option for those who want to hold LTO but earn yield in a secure way while contributing to the network. The steps can be a bit overwhelming, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-step guide
1. Obtain LTO Network (LTO) Tokens
To stake LTO Network, you need to have it. To get LTO Network, you'll need to buy it. You can choose from these popular exchanges.
2. Choose a LTO Network Wallet
Once you have LTO, you’ll need to choose a LTO Network wallet to store your tokens. Here are some lekker options.
See all 5 staking rewardsPlatform Coin Staking rewards Binance LTO Network (LTO) Up to 1,8% APY MyCointainer LTO Network (LTO) Up to 7,08% APY 3. Delegate Your LTO
We recommend using a staking pool when staking LTO. It’s simpler and quicker to get going. A staking pool is a group of validators who combine their LTO, which gives them a better chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
4. Start Validating
You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the LTO Network network. You'll be rewarded with LTO for these validations.
What to be Aware of
There are transaction and staking pool fees you need to consider. There might also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this might take some time.
Latest Movements
LTO Network (LTO) is presently priced at US$8,32 with a 24-hour trading volume of US$2,28M. The market cap of LTO Network stands at US$57,02M, with 435,16M LTO in circulation. For those interested in buying or trading LTO Network, Binance offers ways to do so safely and efficiently
- Market cap
- US$57,02M
- 24h trading volume
- US$2,28M
- Circulating supply
- 435,16M LTO